SARANAC, Mich., May 28 /PRNewswire-FirstCall/ -- NXGen Holdings, Inc. (Pink Sheets: NXGH) is pleased to announce that the Company is entering the $17.5 Billion Household and Industrial Cleaning Products Industry by completing the acquisition of Green Bridge Industries, Inc., a company which manufactures and distributes non-toxic, environmentally friendly cleaning products. NXGen Holdings, Inc. acquired Green Bridge Industries in exchange for a combination of restricted and preferred stock. NXGen Holdings, Inc. will be applying for a name and symbol change in the near future in order to better reflect the overall business strategy of the Company.
Green Bridge Industries produces products that fit the sanitation needs of the Medical, Agricultural, Military, and Retail markets. Through its proprietary technology, the Company has the ability to develop 100% organic alternative cleaning products, which are superior to synthetic products currently offered in the market place. Green Bridge Industries has finalized the development of its proprietary formulas for the first six products it offers: all purpose disinfectant cleaners, window cleaners, laundry detergents, deodorizers, stain removers, and bathroom cleaners.
"We are excited about the acquisition of Green Bridge Industries. Their products offer consumers a safe, cost effective, and environmentally friendly alternative to the products that are already out on the market," stated William White, Chairman and CEO of NXGen Holdings, Inc.
About NXGen Holdings, Inc.:
NXGen Holdings, Inc. through its wholly owned subsidiary, Green Bridge Industries, Inc. offers non-toxic, environmentally friendly cleaning products to fit the sanitation needs of the medical, agricultural, military, and retail markets. The Company, through its proprietary technology, has the ability to develop 100% organic alternative cleaning products, which are superior to the synthetic products currently offered in the marketplace. The Company's products are safe for the surfaces it cleans, the environment, animals and humans.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
|SOURCE NXGen Holdings, Inc.|
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